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assembly is the the wrong place. >> before being secretary of state, you were the ambassador to the u.n. and you've raised this issue in the past. is the u.n. losing its efficacy, is there a better way going forward to address some of these key issues? >> well, i believe in the u.n. and the security council and what has been interesting is the number of resolutions that have been taken, but ultimately what needs to happen is cooperation i think with a regional organization and one looks at what the tools are for doing something. so nato is a very important part they are in all these activities. so from their vantage point of a professor at this time, i think it is interesting to kind of look at what the tools that are available. but the united nations is the voice of the international community. what is really disappointing is the role that the russians are not playing. by taking a stand that is not helpful in terms of supporting the international community. >> would you extend that to their stance with regard to iran? >> well, i think that the iran situation is different. what is inter
't already in enough hot water over the benghazi mess, there's a just breaking report out tonight u.n. ambassador susan rice has heavy jeismts in energy companies known for doing business with iran. and that is illegal. first up, breaking news on the fiscal cliff front tonight, president obama offered his opening bid in budget talks with republicans, and we have eamon javers with all the details. good even, eamon. >> house republican aides are saying this was a new offer from temperature think geithner on capitol hill for a long series of meegts. there were varying report of whether or not he had made a specific new offer. in fact harry reid told me that he hadn't made a specific new offer. that said, republican sources are laying out the offer they say they got from the white house today. take a look at some of the specifics. you'll see what's prompting the reaction earp just talking about. they say what the white house is offering is 1.6 trillion in tax increases up front, to continue the payroll tax credit or a similar policy, what they call a permanent increase in the debt limits,
. it will be important next year. if you look at our alter in a sif a n alt alternative scenarios, progress toward banking union not to mention will fiscal union, if we have a u turn, that will bring fresh down side risks. >> is the biggest risk factor the german elections, evolution of growth in france, something else? >> right now in the near term, the biggest risk is the slow down in core europe. more broadly really is policy and politics both when it comes to the longer term response and the near term response. should it happen, it will introduce fresh down side risk. >> and perhaps a buying opportunity. but we won't get into that just now. thanks very much no yofor your this morning. >>> starbucks has introduced its priciest brew yet. and you'll need to shell out $7 for a 16 ounce cup of the new limited edition companihe haedi. it's made from a rare hard to agree varie grow variety and makes us ask the question whether you would pay $7 for a cup of skroe. and with the exchange rate over here, probably have. what's the most in fact you'd spend on your morning coffee? let us know. worldwide@cnb
cliff edit n edition. we'll find out how fitch thinks each state in the u.s. is prepared for the cliff, and what it means for our economic future. and what do yahoo!'s meyer and kitchener have in common? it's car share company get-around. why high profile money from tech and celebrities alike is going to the san francisco start-up when we talk to the co founder and ceo. >>> but first up, november auto sales jumping for both ford and chrysler. if we go over the cliff, though, our next guest says we'll see new car sales plunge 20 to 40%. bob lutz is the former vice chairman of gm, as well as former president of chrysler. he's also a cnbc contributor. bob, good morning. good to have you. >> good morning. good to be here. >> let's just walk through what you thought of the sales figures from this morning. >> well, i think everybody was expecting a weak november, and informed, it turned out pretty well, despite the disruption caused by hurricane sandy and a shortage of availability and so forth. i think gm was better than they themselves expected. but -- and actually up year over year in if
-- predictions? >> for next year n. >> yeah. i have to make one. >> 2%. >> here is what i want to ask you. what's the biggest threat to the u.s. economy in 2013? i will give you a couple of choices. wry want to do fiscal cliff. is europe still -- could it be a huge threat? have we -- have we moved far enough along there that -- with sort of dealing with it where that is not going to be the threat that we saw? >> for business in my mind, the threat is not that europe will come apart. they will hold it together. but the economy is not growing. export markets are weak. they are weak in eastern asia, too, except for china. china is going to be way down where it was. probably 7% next year. i think that -- the -- the u.s. has been a very successful exporter. these mark et cetera are going to be soft next year. i think that's going to hurt us. >> i rye to -- i mean, i'm trying to think -- it just for 2013, the biggest threat to the u.s. economy, first i figured -- the biggest threat for 2013 is the same as the biggest threat for 2014, '15, '16. not dealing with entitlements. that's what i think it is.
Search Results 0 to 4 of about 5